Philip Greenspun's Weblog » Restricted stock instead of options for public company CEOs

I’m a shareholder in a handful of public companies and packages periodically arrive in the mail encouraging me to vote for boards of directors that are ladling out billions of dollars in money and stock that otherwise would have been retained by shareholders. I’m surprised to see that stock options are still mentioned in these proxy statements rather than restricted stock. This 2003 article discusses how restricted stock would be the next big thing for corporate looters because the stock market was then perceived as too risky for managers. This survey says that options are still the most popular way to transfer ownership of a company from public investors to insiders, but that restricted stock is making a comeback.http://bit.ly/asLIXS